Question

15. What is organized sector ?
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Answer 1

Answer:

Organized Sector − It is incorporated with the appropriate authority and follows the rules and regulations. It is mostly related to Government or some large-scale operations. As these organizations strictly follow government rules they adhere to acts like Factories Act, Bonus Act, PF Act, Minimum Wages Act etc.

Answer 2

Organised sector is a sector where terms and conditions of employment are regular and as per rules and regulations passed by the Government.

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